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Currency Highlights:
Add this fantastic collection of obsolete bank notes to your cart today!
Obsolete bank notes are also called "broken bank notes." In the days prior to the Federal Reserve, any bank could produce currency for use by the clients and members of the community. Unfortunately, not many safeguards were taken to ensure that banks stood behind the currency they were producing and circulating. Banks, more often than not, failed and their currency was rendered worthless. As a result, most bank notes of the period did not trade at their full retail value. Oftentimes, notes were worth 50 cents on the dollar because the public expected the banks to fail.
There are 36 different proof bank notes printed on acid free paper from the original plates in the ABNCo archives. Included are D.C. through Montana joining the Union in 1889, and each presents a rare note from its respective state.
Currency Highlights:
- Set comes in an American Paper Money Collection Album.
- 36 different proofs. Printed on acid free paper from plates in the ABNCo archives.
- All proofs are in Gem Uncirculated condition.
- Includes a general introduction and description of each proof.
- States included: Delaware, Pennsylvania, New Jersey, Georgia, Connecticut, Massachusetts, Maryland, South Carolina, New Hampshire, Virginia, New York, North Carolina, Rhode Island, Vermont, Kentucky, Tennessee, District of Columbia, Ohio, Louisianan, Indiana, Mississippi, Illinois, Alabama, Maine, Missouri, Arkansas, Michigan, Florida, Texas, Iowa, Wisconsin, California, Minnesota, Kansas, Nebraska, Montana.
- Researcher and author Gene Hessler.
- Great gift idea!
Add this fantastic collection of obsolete bank notes to your cart today!
Obsolete bank notes are also called "broken bank notes." In the days prior to the Federal Reserve, any bank could produce currency for use by the clients and members of the community. Unfortunately, not many safeguards were taken to ensure that banks stood behind the currency they were producing and circulating. Banks, more often than not, failed and their currency was rendered worthless. As a result, most bank notes of the period did not trade at their full retail value. Oftentimes, notes were worth 50 cents on the dollar because the public expected the banks to fail.
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